CentralReach Set to Disrupt Behavioral Health Software Market with Acquisition of avail®

CentralReach, the leading provider of electronic medical record (EMR), practice management, and clinical solutions that enable Applied Behavior Analysis (ABA) and related behavioral health practices to deliver quality autism care for superior outcomes, announced Tuesday the acquisition of Irish-based Avail Support Limited, an award-winning provider of evidence-based digital content management and data collection solutions serving the education, employment support services, and adult transition services markets.

symplr Closes Its Acquisition of Phynd

symplr, a leading global healthcare governance, risk management, and compliance (“GRC”) software-as-a-service (“SaaS”) company, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and SkyKnight Capital (together with its affiliates, “SkyKnight”), announced today that it has completed its acquisition of Phynd Technologies (“Phynd”). The acquisition further strengthens symplr as a global healthcare GRC leader by adding Phynd’s provider data management SaaS platform.

CloudWave Acquired by Abry Partners

CloudWave, a cloud and managed services provider for healthcare, announced this week that Abry Partners II, LLC (“Abry Partners” or “Abry”), a Boston-based private equity firm, has made a majority investment in Park Place International LLC, DBA CloudWave (“CloudWave” or the “Company”).” Headquartered in Marlborough, Massachusetts, CloudWave enables hospitals and healthcare organizations to migrate critical IT services like EHR hosting, medical imaging, disaster recovery, analytics, and interoperability to secure, performant, highly available multi-cloud platforms with a range of healthcare-centric managed services.

Netsmart Acquires GPM to Enhance Provider Digitization and Mobile Workflows

Netsmart announced Wednesday the acquisition of GPM, a North Carolina-based Software-as-a-Service technology and services company, dedicated to supporting Long-term/Post-acute care (LTPAC) medical practices that provide medical care to geriatric patients – many of whom reside in skilled nursing facilities. This acquisition extends the Netsmart CareFabric platform to deliver interoperable data sharing between long-term care facilities and the providers that treat and coordinate care for their residents.

Greenphire, a Riverside-backed Clinical Trial Payments Company, Preps for Sale

Greenphire, expected to hit the block in April, ought to command dual interest from growth-oriented financial sponsors and a wide pool of strategic buyers, sources told PE Hub. Although a process has not formally launched, the firm hopes to fetch some $1 billion in a potential transaction, they said. Sources placed recurring revenue at $100 million, which would imply a roughly 10x multiple is desired.

Clearlake-Backed symplr to Acquire Phynd

symplr, a leading global healthcare governance, risk management, and compliance (“GRC”) software-as-a-service (“SaaS”) platform, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and SkyKnight Capital (together with its affiliates, “SkyKnight”), today announced that it has signed a definitive agreement to acquire Phynd Technologies (“Phynd” or the “Company”). The acquisition further strengthens symplr as a global healthcare GRC leader by adding Phynd’s leading provider directory management SaaS platform.

CareMetx, General Atlantic and The Vistria Group Announce Strategic Growth Partnership

CareMetx (or the “Company”), a leading technology-enabled hub services company improving patient access to specialty medications, General Atlantic, a global growth equity firm, and The Vistria Group, a Chicago-based private investment firm, today announced a strategic partnership to further accelerate the Company’s growth. With the transaction, General Atlantic will become the majority owner of CareMetx. The Vistria Group, existing majority shareholder in CareMetx since 2017, will maintain a significant position in the Company by reinvesting through Vistria Fund III, LP.

QGenda Acquires Shift Admin

QGenda, the leading innovator in enterprise healthcare workforce management solutions, today announced the acquisition of Shift Admin, an industry-recognized leader for shift-based specialties including emergency medicine, urgent care, and hospital medicine. With the industry-leading scheduling technology for all specialties across the healthcare delivery system, QGenda’s technology will serve as the single source of truth for all provider schedules, ensuring care is available for patients when and where it is needed.

Modernizing Medicine Announces Acquisition of Orthopedic Healthcare Technology Company Exscribe, Inc.

Modernizing Medicine today announced it has acquired orthopedics electronic health records (EHR) vendor Exscribe. The acquisition brings together two of the healthcare industry’s leading, all-in-one orthopedic EHR vendors with a shared mission of increasing practice efficiency by transforming how healthcare information is created, consumed and utilized.

CareDx Agrees to Acquire TransChart

CareDx, Inc. (Nasdaq: CDNA), a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced it has agreed to acquire TransChart LLC, an Ohio-based provider of electronic health record software supporting the needs of US transplant centers. TransChart provides electronic medical record software to hospitals throughout the United States to care for patients who have or may need an organ transplant.